The economy most definitely experiences stability when people and business are able to have a reasonable amount of confidence that things don't hit the fan at any second now. This stability allows people to invest with more freedom, take more risk, and grow at a stable rate.
Of course this behavior eventually overheats...but in terms of expectations there is definitely a stable state to an economy, even if it only last a few years.
The economy is never "stable". It is constantly in a cycle of ups and downs, over-investment and under-investment, easy money and tight money...
The current state is no more "normal" than any other period.